Indebtedness (Tables)

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Fair Value, Liabilities Measured on a Recurring Basis, Disclosure Only

The following table summarizes the book value and changes in the fair value of our debt (in thousands):

	Book Value at 12/31/2017		Book Value at 3/31/2018		Fair Value at 12/31/2017		Issuances and Assumptions		Payments/Payoffs			Adjustments to Fair Value			Fair Value at 3/31/2018
Fixed rate secured debt	$	309,463	$	308,099	$	325,753	$	—	$	(1,345	)	$	(3,756	)	$	320,652
Variable rate secured debt	2,500		2,500		2,500		—		—			—			2,500
Unsecured debt	2,132,042		2,131,386		2,190,548		—		(656		)	(60,502		)	2,129,390
Unsecured line of credit	—		75,000		—		75,000		—			—			75,000
Total	$	2,444,005	$	2,516,985	$	2,518,801	$	75,000	$	(2,001	)	$	(64,258	)	$	2,527,542
Less: Deferred financing costs	21,114		20,529
Total indebtedness as reported on the consolidated balance sheets	$	2,422,891	$	2,496,456

Unsecured Line of Credit

Our unsecured line of credit at March 31, 2018 is described as follows (in thousands):

Description	Borrowing Capacity		Maturity Date	Outstanding Balance at March 31, 2018
Unsecured Line of Credit - Partnership	$	1,200,000	January 30, 2022	$	75,000